bit.ly/1C2ACOF - Bytecent’s Solution to Proof-of-Work Woes: Make Miners Less Efficient. -- cointelegraph / Amanda B. Johnson / 2014-12-17 Does efficiency threaten decentralization? When it comes to proof-of-work mining, the kind used in Bitcoin, some would say “yes.” The existence of “mining farms”—that is, large-scale operations which deploy hundreds or thousands of miners—certainly do render individual CPU miners unable to compete. But is that a problem? [...] The post Bytecent’s Solution to Proof-of-Work Woes: Make Miners Less Efficient appeared first on The Bitcoin Channel. --(Published @ December 18, 2014 at 07:59AM by bitcoins.am Instant Real-time Bitcoin News Aggregation Source- From: ) #bitcoinnews
Posted on: Thu, 18 Dec 2014 13:21:36 +0000
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